Fed's Delay of Tapering Gives Emerging Nations Time to Prepare

NUSA DUA, Indonesia—Top finance officials gathering in Bali, Indonesia, urged emerging countries to take advantage of a later-than-expected shift in U.S. monetary policy, by taking reforms to make their economies more resilient.

Finance ministers from the APEC region—which covers Asia Pacific along with the U.S., Canada, Russia, Mexico, Chile and Peru—were slated to discuss "Adjustment of Policy Through Turbulent Times"...